Initial local details for the all-new 2019 Toyota Corolla range have been revealed this week, ahead of a local launch in August.

For our market, the Corolla will be offered with two powertrains – one petrol, one petrol-electric hybrid – along with two transmissions.

The new 2.0-litre naturally-aspirated petrol engine develops 125kW of power and 200Nm of torque, representing an increase of 21.4 per cent and 15.6 per cent over the outgoing 1.8-litre engine respectively.

Meanwhile, the hybrid system is "an improved version" of the 1.8-litre Atkinson Cycle powertrain from the Prius, and Toyota claims the Corolla's version will "rival its sibling's excellent fuel economy".

Both powertrains will be offered with a new continuously-variable transmission (CVT) with 10 programmed steps, along with a sport mode and paddle shifters.

The new Dynamic-Shift CVT is also the first transmission of its type in a passenger vehicle to have its own launch gear, which the company claims translates to "powerful and predictable acceleration".

Meanwhile, the petrol engine will also be available with a new six-speed manual transmission with rev-matching function. The gearbox itself is lighter and shorter than its predecessor, contributing to improved fuel efficiency.

Toyota adds the new Corolla will be offered with an array of its latest driver-assistance technologies as well, including autonomous emergency braking with pedestrian detection, Lane Tracing Assist, Road Sign Assist, adaptive cruise control, lane-departure warning with assist, auto high-beam, seven airbags and a rear-view camera.

"Corolla will remain very competitive and affordable in the Australian market - and we expect it to continue as Australia's best-selling car, a position it has held for each of the past five years," said Sean Hanley, vice president for sales and marketing at Toyota Australia.

"With its sharp design, increased safety, new petrol engine and transmissions, improved hybrid drive, larger interior and great new features, Corolla will continue to be the car of choice for a broad cross-section of the motoring public."

Stay tuned to CarAdvice for a full pricing and specifications rundown in the lead-up to the new Corolla's August launch.